Tax and Planning Considerations for Private Placement Insurance
We’re proud to share that Oxford’s Chief Wealth Planning Officer, Russell DeLibero, PhD, CFP®, ChFC®, CLU®, AEP®, has been published in the National Association of Estate Planners & Councils’ Journal of Estate & Tax Planning.
Private Placement Insurance is a topic that has received growing attention in the wealth planning community, and for good reason. For qualified purchasers and accredited investors, these structures can offer meaningful tax advantages, access to institutional investment options and planning flexibility not available through retail insurance products. At the same time, they carry important considerations around structure, fees, ownership and regulatory compliance that require careful evaluation.
In his feature, Russ examines the full landscape of Private Placement Insurance, including both Private Placement Life Insurance and Private Placement Variable Annuities. He covers the key structural and tax distinctions between the two, investment allocation options including insurance dedicated funds and separately managed accounts, ownership considerations and their transfer tax implications, fee structures and how to evaluate them and the regulatory scrutiny the space has attracted in recent years.
For families and advisors navigating complex wealth planning, understanding the nuances of these instruments, and where they fit within a broader estate and tax strategy, is increasingly relevant.
Russ is a national speaker and author whose work has been presented at leading institutions including Heckerling, NAEPC, USC and Emory. This publication is a reflection of his continued commitment to advancing the conversation around sophisticated wealth planning strategies.